Hearts confident of delivering wages after keeping taxman at bay once more
Hearts players have received their wages in full. Picture: Ian Georgeson
HEARTS have settled their outstanding tax bill and officials are confident that players’ wages will be paid into their accounts on time tomorrow.
The Tynecastle club yesterday announced that it had settled the case after Her Majesty’s Revenue and Customs (HMRC) had brought a winding-up order against Hearts for a debt thought to be around £150,000. It is the fifth time in recent years that the Gorgie club have faced legal action over over unpaid tax, with a £500,000 bill paid late last year to fend off a winding-up order. Other similar orders were served in 2009 and 2010.
The latest winding-up petition was presented to the Court of Session by the Advocate General for Scotland on 27 January and published on 7 February, with HMRC giving the Edinburgh club eight days to pay.
With that issue now resolved, the players will be waiting with bated breath to discover if their wages will indeed arrive on time tomorrow.
Hearts were charged with ‘failing to behave with the utmost good faith to the SPL’ after failing to pay the players on time for the fourth successive month in January, with the earnings arriving a day late. However, the SPL decided to take no action after hearing evidence from the Edinburgh club.
Now Hearts director Sergejus Fedotovas has indicated that the players’ wages should be paid on time tomorrow.
Hearts owner Vladimir Romanov’s right-hand man insists he believes the funding is in place to pay the players.
“We have paid the tax bill and this has all been resolved. I don’t have any reason to be worried (that the wages won’t be paid on time),” he said.
“There were problems in the past but they were all sorted.
“Nobody can give you guarantees that you are going to prosper in the future or if players are not going to get injured.
We live in a natural world with a natural business and we want to improve and make it better.”
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Comments
There are 123 comments to this article
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Interested_Party1874
Wednesday, February 15, 2012 at 05:58 PMMedia4one - I've been too kind. You are a moron. And worse than that you are a moron and Hvn
Interested_Party1874
Wednesday, February 15, 2012 at 05:54 PMMedia4one - are you serious. Rangers turned up with a team who weren't even paid for and no-one can beat them? It's precisely because "they weren't paid for" - that "no one can beat them". Let me put this simply - as simply as I can, they CHEATED, they bought players they couldn't afford to pay (without conning you and me the taxpayer) nor could they even pay the Clubs they 'bought' them from. They CHEATED on the park and broke the law off it. This is PRECISELY why Scottish Football is so uncompetitive - CHEATS are ALLOWED to PROSPER.
Baldrick
Wednesday, February 15, 2012 at 05:03 PM120* Very good question indeed. I expect it's because they're Rangers. Maybe they are trying to think of a way of blaming Vlad for this and fining him another 10 grand.
S0FBTRC
Wednesday, February 15, 2012 at 03:40 PM"Hearts were charged with ‘failing to behave with the utmost good faith to the SPL’ after failing to pay the players on time for the fourth successive month in January" On the other hand, Hearts haven't screwed several SPL teams out of around a million quid. So why haven't Rangers been charged with ‘failing to behave with the utmost good faith to the SPL’ yet?
Baldrick
Wednesday, February 15, 2012 at 03:14 PMThese Rangers posts aren't half boring, especially the big long ones. What's important here is that Hearts have a major Euro defining clash coming up and Dunfermline have an important relegation clash. Let's concentrate on the East. I fancy a Hearts, Pars double and you can thrown in Celtic for a treble.
GFrank
Wednesday, February 15, 2012 at 02:48 PMFor the absent-minded and unobservant, Scottish football has been in dire terminal decline for some time now. The idea that it would be worse in a league that would immediately present more opportunities for success is patently absurd. It's the sort of logic that could only be expressed by members of a closed group. Life After Rangers Football (Larf) would mean for every other club a chance that the thousands who migrate towards Ibrox from towns across Scotland every other Saturday might show an interest in their local team. They would have realistic hope of winning trophies. But the positive reality of a Scottish game without Rangers is not primarily about a sport rid of a substantial element of ritualised bigotry and sustained intergenerational hatred, but the prospect of top-quality football being played by young Scotsmen in an atmosphere of optimism. That's something worth aspiring to. The mainstream press have been fatally blindsided on the impending crisis at Ibrox despite excellent blog coverage. But let's not blame the clubbable journos. The real culprits are the management and board of the club who piled profligacy upon spending spree, from Dick Advocaat's dubious £12m Tore Andre Flo to David Murray's gigantic vanity project. But who'd blame them? Our culture lauds these dodgy geezers. Murray, the club's previous owner, was quoted as saying: "For every £5 Celtic spends I'll spend £10." That doesn't seem so clever now.
media4one
Wednesday, February 15, 2012 at 02:20 PMInterested Parites 109 - Your post is brilliant because it points to the dire situation in Scottish Football. Rangers arrive with a team that is not even paid for and other teams still cannot beat them. Under the blanket of controversy amid a strenuous period in their history that boring Football Club was able to win the last 3 titles which I find unacceptable. No matter if Rangers paid for the players or not, they players you are speaking about are mediocre at best and they still managed to win the title which is testament to the diabolical state of Scottish football--------------who cares if Rangers survive with or without them the SPL remains an uncompetitive laughing stock and that is more serious than the plight of any club.
donald marr
Wednesday, February 15, 2012 at 02:13 PMYak ,because he is a fool.
media4one
Wednesday, February 15, 2012 at 02:10 PMPending Moderation
The Yak Farmer
Wednesday, February 15, 2012 at 02:06 PMDonald Marr - why is it that the PLANk goes on about "keybaord commandos" and similar tripe when all his posts are peppered with " erse" this and "erse" that? It's not the world's fault that the man can't type. He's the most confrontational person on here! Cue " devoid of debate" , " reelin 'you in an oot", " grow up wee yak" " head to heads" " you're not a real fan" " it's okay to say coloured" ( cont p 94)
Hen Broon
Wednesday, February 15, 2012 at 02:03 PMC'mon Donald ....stop greetin' & looking for pals to hud yer hand son....man up........ wee YAK.....how did it feel to get ripped apart by TIGHTFISTED and called a JAMBO? First HARBOUR calling u as u are & now tightfisted....dear oh dear!
hughwdunlop
Wednesday, February 15, 2012 at 01:50 PMCraig Whyte in his interview with the Scotsman stated the costs were £45m, and the revenue £35m. He clearly knew the club was running at a loss. Under the Companies Act it is an offence to continue in business when assets are less than liabilities, and every member of the Board who knew, is deemed to have known, or by virtue of his position SHOULD have known, of this situation is jointly and severally liable for the debts. So hopefully all debtors will get paid in full. Directors who have breached this condition of trust may be struck off, barred from holding the post of director for a number of years, or even jailed. This is a plain and simple statement, so let us hope at least one of the legal team know of this, and save a fortune in legal costs.
donald marr
Wednesday, February 15, 2012 at 12:51 PM#106 Yes YAK the PLANK does seem a bit wound up these days,must be the Tynecastle troubles. #109 how correct,Rangers are not the champions of Scotland they are the thieves Of Scotland.
TGM Numero Uno
Wednesday, February 15, 2012 at 12:42 PMEvery trophy Rangers have "won"should be stricken from the record books.
Interested_Party1874
Wednesday, February 15, 2012 at 12:31 PMOn 23rd October Rangers visited Tyncastle and defeated Hearts The clinching goal was scored by Jelavic, who has never and will never be fully paid for . A mainstay of the Rangers team that day was lee Wallace who has not and never will be fully paid for. Every player who played that day for Rangers was paid for with monies which belonged to the Taxpayer. Yet apparently we need Rangers?! Why , so we can all be cheated again……so another group of suppliers can be shafted…….so that the taxpayer can take another doing at the hands of a morally and financially bankrupt club really ? are we all that stupid that we would sign up for this again
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